| Jan 13, 2014
| 6:26 PM
SACRAMENTO — California's huge pension fund reported a 16.2% return on its investments in 2013 — its best results in more than a decade.
The California Public Employees' Retirement System, which provides benefits to about 1.7 million state...
| Jan 23, 2014
| 1:07 PM
The Laguna Beach Unified School District board unanimously voted Jan. 14 for a tentative contract that would allow certain teachers and administrators to retire early and still reap certain benefits.
But the retirement incentive program would be offered...
| Mar 3, 2014
Approaching retirement, Ventura County Chief Executive Marty Robinson was earning $228,000 a year.
To boost her pension, which would be based on her final salary, Robinson cashed out nearly $34,000 in unused vacation pay, an $11,000 bonus for having...
| Dec 11, 2013
The conviction this week of former Assistant City Manager Angela Spaccia for plundering the small working-class city of Bell to enrich herself — along with former City Manager Robert Rizzo's plea to 69 similar charges in October — closes one...
| Nov 21, 2013
| 8:01 PM
A nearly four-hour meeting on Costa Mesa's public pension plans Wednesday brought modest debate to the fore of what's been called an "out-of-control" financial situation for taxpayers.
The city's Pension Oversight Committee met with Kerry Worgan, a...
| Nov 19, 2013
| 9:37 PM
NEW YORK — JPMorgan Chase has agreed to a $13-billion settlement with the government over selling shoddy mortgage investments, ending a legal battle that signals a tougher stance against Wall Street wrongdoing.
The nation's largest bank admitted to...
| Nov 14, 2013
| 8:20 PM
In a reversal, the committee tasked with drafting a charter for Costa Mesa on Wednesday decided to re-examine the compensation of City Council members and edged toward giving them a to-be-determined fixed stipend.
The Costa Mesa Charter Committee had...
| Nov 6, 2013
| 8:52 AM
In a surprise move Tuesday, former Bell Police Chief Randy Adams told a Los Angeles County Superior Court judge that he plans to testify in the corruption case against the city's second-in-command, Angela Spaccia.
"I will testify," said Adams, who in...
| Nov 5, 2013
| 12:03 PM
Bell's former police chief -- once among the highest-paid law enforcement officials in the nation -- agreed Tuesday to testify in an ongoing corruption case against one of his former bosses.
DOCUMENT: DEPOSITION OF RANDY ADAMS
The testimony would break...
| Nov 5, 2013
| 10:19 PM
He walked into the courtroom Tuesday, dressed in a dark blue suit, and sat in the front row.
Everyone was certain this would be another perfunctory appearance by former Bell Police Chief Randy Adams, who in one brief appearance on the witness stand...
| Nov 7, 2013
| 8:22 AM
Laguna Beach and the Orange County Professional Firefighters Assn. have called off negotiations on a new employment contract for the city's firefighters.
Negotiations for a new contract began in March and ended earlier this month, said John Latta, the...
| Nov 1, 2013
| 7:52 PM
When Robert Rizzo pleaded no contest to corruption charges last month, many of the trappings of his former life as Bell's highly paid city manager were gone: the house near the ocean in Huntington Beach, the horse farm outside Seattle, the stable of...